Affin Hwang Fixed Maturity Income Fund XIV

Affin Hwang Fixed Maturity Income Fund XIV ("The Fund")is categorized as a bond fund (close ended) under the income fund type. The Fund is launched on 6 April 2015. The financial year of the fund ends on 31 May every calendar year. The Fund Manager is Hwang Investment Management Berhad and the trustee is TMF Trustees Malaysia Berhad. The funds objective is to provide regular income through investments predominantly in bonds.

Fund Information

Offer Price during the Initial Offer Period is MYR 1.00 per unit

The fund is suitable for investors who:

Have three (3) years investment horizon; and

Have a moderate risk tolerance

Asset Allocation as follow:

Minimum of 70% of The Fund's NAV will be invested fixed income instruments.

Minimum of 0.20% of the Fund's NAV will be invested in liquid assets.

The Fund's income distributions are non-guaranteed and subject to the continuing abilities of the issuers' of The Fund's investments to meet their respective outstanding obligations. Depending on the level of income The Fund generates, The Fund will provide distribution on an annual basis.

The Benchmark is 3 year Maybank fixed deposit rate as at investment date.

Sales Charge per Unit is up to 3.00% of the NAV per unit

Transfer fee is RM5.00 per transfer.

The Repurchase Charge per unit is as follows:

3.0% of NAV per unit if redeem up to 1st anniversary of investment date

2.0% of NAV per unit if redeem immediately following the 1st anniversary up to 2nd anniversary of investment date

1.0% of NAV per unit if redeem immediately following the 2nd anniversary up to the business day immediately prior to the 3rd anniversary of investment date

Nil at maturity date

Switching Fee is not applicable (no switching facility for this fund).

Minimum Balance of Investment is 1,000 unit.

The Annual Management fee is Nil.

Trustee Fee is 0.04% per annum of the NAV of The Fund, subject to a minimum of RM12,000 per annum (excluding foreign custodian fees and charges).